Elevated Expressway is new catalyst for growth: DCCI President

Bangladesh

TBS Report
04 September, 2023, 08:55 pm
Last modified: 04 September, 2023, 09:03 pm

 

The inauguration of the Elevated Expressway is another historic and milestone infrastructure project that is expected to scale up the GDP of Bangladesh, ease the transport connectivity of Dhaka, traffic congestion and other traffic-induced challenges, opening up new opportunities for desired inclusive development, said Barrister Md Sameer Sattar, president of the Dhaka Chamber of Commerce and Industries (DCCI). 

On behalf of the private sector, the DCCI president acknowledged such a timely initiative that is likely to add outstanding benefits and premiums to the local supply chain network and business operations, according to a DCCI press release.

Barrister Sattar believes that commuters, mass people, investors, and entrepreneurs across Dhaka will benefit from this project in the days to come as it will help deepen local connectivity and allow a smooth traffic network.    

He mentioned that the Elevated Expressway would make a significant difference in the country's transport communication system and its economic growth trajectory. It would also open up new prospects for the country enabling the goal of local and export-oriented industrialisation-led economic transformation. The much-needed Elevated Expressway will allow exporters from Gazipur and Savar to easily access Chattogram and Mongla ports steering the cost and time-efficient local and cross-border trade growth of Bangladesh, said the press release.

Barrister Satter anticipated that this Elevated Expressway would shape the investment-friendly ecosystem in Bangladesh in the years to come augmenting infrastructural efficiency and economic competitiveness to a large extent.

Since Dhaka is the country's economic growth centre, the transport and communication network of Dhaka and other parts of the country must be seamless and effective. Dhaka is challenged with various pressing issues including traffic congestion which causes numerous adverse economic repercussions, he added. 

He further said that Bangladesh has completed various landmark infrastructure projects prioritising the growing importance of infrastructure development, such as Payra Port, Karnaphuli Tunnel, and Padma Bridge as part of Fast-Track mega projects of the government. 

The Padma Bridge, inaugurated in 2022, has contributed to the game-changing communication development network between the underdeveloped southern region and Dhaka, resulting in enormous macroeconomic connectivity motivating the entire nation.

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